Value Added (Total Manufacturing) — Value Standard Local Currency in Tuvalu
Tuvalu: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0675 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Tuvalu, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Tuvalu recorded 0.0675 million SLC for value added (total manufacturing) — value standard local currency in 2023.
Compared with earlier readings it is down 30.1% on the previous year and down 82.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Tuvalu peaked at 0.8695 million SLC in 2019 and was at its lowest, 0.0112 million SLC, in 2021.
Tuvalu ranks 194th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Tuvalu, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 0.3113 million SLC | — |
| 1971 | 0.3062 million SLC | -1.6% |
| 1972 | 0.2999 million SLC | -2.0% |
| 1973 | 0.2943 million SLC | -1.9% |
| 1974 | 0.2904 million SLC | -1.3% |
| 1975 | 0.2853 million SLC | -1.8% |
| 1976 | 0.2818 million SLC | -1.2% |
| 1977 | 0.2706 million SLC | -4.0% |
| 1978 | 0.2681 million SLC | -0.9% |
| 1979 | 0.2717 million SLC | +1.4% |
| 1980 | 0.2612 million SLC | -3.9% |
| 1981 | 0.2651 million SLC | +1.5% |
| 1982 | 0.2237 million SLC | -15.6% |
| 1983 | 0.2604 million SLC | +16.4% |
| 1984 | 0.2962 million SLC | +13.8% |
| 1985 | 0.2153 million SLC | -27.3% |
| 1986 | 0.2968 million SLC | +37.9% |
| 1987 | 0.3619 million SLC | +21.9% |
| 1988 | 0.5947 million SLC | +64.3% |
| 1989 | 0.513 million SLC | -13.7% |
| 1990 | 0.3484 million SLC | -32.1% |
| 1991 | 0.3769 million SLC | +8.2% |
| 1992 | 0.4188 million SLC | +11.1% |
| 1993 | 0.3969 million SLC | -5.2% |
| 1994 | 0.376 million SLC | -5.3% |
| 1995 | 0.2855 million SLC | -24.1% |
| 1996 | 0.267 million SLC | -6.5% |
| 1997 | 0.3499 million SLC | +31.1% |
| 1998 | 0.3871 million SLC | +10.6% |
| 1999 | 0.3395 million SLC | -12.3% |
| 2000 | 0.267 million SLC | -21.3% |
| 2001 | 0.2867 million SLC | +7.4% |
| 2002 | 0.3404 million SLC | +18.7% |
| 2003 | 0.4547 million SLC | +33.6% |
| 2004 | 0.3548 million SLC | -22.0% |
| 2005 | 0.2935 million SLC | -17.3% |
| 2006 | 0.3222 million SLC | +9.8% |
| 2007 | 0.2935 million SLC | -8.9% |
| 2008 | 0.4033 million SLC | +37.4% |
| 2009 | 0.3938 million SLC | -2.4% |
| 2010 | 0.4128 million SLC | +4.8% |
| 2011 | 0.4208 million SLC | +1.9% |
| 2012 | 0.4479 million SLC | +6.4% |
| 2013 | 0.3811 million SLC | -14.9% |
| 2014 | 0.4733 million SLC | +24.2% |
| 2015 | 0.5964 million SLC | +26.0% |
| 2016 | 0.6763 million SLC | +13.4% |
| 2017 | 0.5796 million SLC | -14.3% |
| 2018 | 0.7729 million SLC | +33.3% |
| 2019 | 0.8695 million SLC | +12.5% |
| 2020 | 0.1932 million SLC | -77.8% |
| 2021 | 0.0112 million SLC | -94.2% |
| 2022 | 0.0966 million SLC | +760.8% |
| 2023 | 0.0675 million SLC | -30.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.288 million SLC | 0.2681 million SLC | 0.3113 million SLC | 10 |
| 1980s | 0.3288 million SLC | 0.2153 million SLC | 0.5947 million SLC | 10 |
| 1990s | 0.3546 million SLC | 0.267 million SLC | 0.4188 million SLC | 10 |
| 2000s | 0.341 million SLC | 0.267 million SLC | 0.4547 million SLC | 10 |
| 2010s | 0.563 million SLC | 0.3811 million SLC | 0.8695 million SLC | 10 |
| 2020s | 0.0921 million SLC | 0.0112 million SLC | 0.1932 million SLC | 4 |
Countries ranked near Tuvalu
- 191 Turks and Caicos Islands 5.44 million SLC compare
- 192 Marshall Islands 2.6 million SLC compare
- 193 Palau 2.48 million SLC compare
More economy & growth data for Tuvalu
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.93 Percent per annum (2029)
- Gdp worldbank constant usd, annual growth rate 1.64 % change on previous year (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 2.05 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1.49 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.6693 (2025)
- Gdp worldbank constant usd, per capita 4,527 units per person (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2011)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2011)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.4887 (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Tuvalu?
- Value added (total manufacturing) — value standard local currency in Tuvalu was 0.0675 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Tuvalu?
- The highest recorded value was 0.8695 million SLC in 2019.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Tuvalu?
- The lowest recorded value was 0.0112 million SLC in 2021.
- How does Tuvalu rank for value added (total manufacturing) — value standard local currency?
- Tuvalu ranks 194th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Tuvalu?
- Over the last ten years it is down 82.3%. The long-run trend across the full record is rising.
- Where does this Tuvalu data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).